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ALL ORDINARIES Index Falls, Macquarie Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.43% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.43% at lunch.

The biggest reason for the index’s fall is that Macquarie Group Ltd (ASX: MQG) has dropped 1.6% at lunch.

Gentrack Group Ltd (ASX: GTK) shares are currently in a trading halt, it is undertaking a capital raising to finance acquisitions.

Gold miners are some of the best performers so far as fear and volatility picks up in world markets. Resolute Mining Limited (ASX: RSG) is up 6.3%, St Barbara Ltd (ASX: SBM) has gone up 3.9% and Evolution Mining Ltd (ASX: EVN) increased by 1.62%.

Class Ltd (ASX: CL1) shares have dropped 8.4% after announcing its quarterly accounts update.

The Invocare Limited (ASX: IVC) share price is up 0.18% after announcing an acquisition in Adelaide.

The share price of Platinum Asset Management Limited (ASX: PTM) fell 8.4% and Magellan Financial Group Ltd (ASX: MFG) are down 6.36%.

Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.

That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

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Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #563 907.

Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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